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Dec 8, 2012
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i don't think you would have seen quite that drop in numbers if superstorm sandy hadn't happen. i think we actually would have seen unemployment rate closer to 7.9%. >> what about the new report that shows home prices jumping the fastest in seven years. what does it tell you about long-term health of the housing market. >> we've been hearing economists trumping returning housing market is the bright spot. this is a report from core logic showing home prices up -- have done the biggest year over year jump in six years. we're seeing the biggest jumps in nevada, california, arizona. actually oil states like the dakotas. overall about 45 out of 50 states have shown increases in home prices. i think this is really good news. i think americans should also remember that real estate and recovering real estate is very local. so we're seeing most of the growth in large cities. >> what about this gift from random house to all of its employees. pretty nice. >> yes, call it 50 shades of green, if you will. random house, which is the publisher of "50 shades of grey," the lascivious adult nove
i don't think you would have seen quite that drop in numbers if superstorm sandy hadn't happen. i think we actually would have seen unemployment rate closer to 7.9%. >> what about the new report that shows home prices jumping the fastest in seven years. what does it tell you about long-term health of the housing market. >> we've been hearing economists trumping returning housing market is the bright spot. this is a report from core logic showing home prices up -- have done the...
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Dec 7, 2012
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. >>> so, this morning we're going to find out how hard superstorm sandy slammed the economy with the government's november jobs report due out. economists fear sandy battered hiring with estimates of 80,000 to 93,000 jobs added, compared to 171,000 in october. but some good news, though, yesterday from yesterday's weekly jobless claims, which held steady right around the prestorm level. >>> elsewhere, apple says it will begin making one of its mac lines right here in the u.s. next year. that will be good. >>> bowing to growing criticism across the pond, starbucks is foregoing certain tax deductions that help to reduce its tax bill to zero in britain, and they've agreed to pay $32 million of money they do not owe. >>> the securities and exchange says netflix chief reed hastings may have violated fair disclosure rules with a facebook post back in july, boasting monthly streaming hours passed 1 billion for the first time. netflix stock soared 6% that day. >>> ibm is revamping its retirement program with plans to now contribute to employee 401(k) accounts just once a year in a lump sum p
. >>> so, this morning we're going to find out how hard superstorm sandy slammed the economy with the government's november jobs report due out. economists fear sandy battered hiring with estimates of 80,000 to 93,000 jobs added, compared to 171,000 in october. but some good news, though, yesterday from yesterday's weekly jobless claims, which held steady right around the prestorm level. >>> elsewhere, apple says it will begin making one of its mac lines right here in the u.s....
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Dec 4, 2012
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a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies listed very often they performed really badly amid accounting issues as well. the sec taking aim at the accountants. >> all right, steve. >> actually, the london markets today are going to be crazy. when you talk to steve about that. >> out of hand. >> a lot of big news going on over there. >> yeah. i'm sort of -- >> popping, explode. >> i don't know how i feel about reporting on these things. >> then let me do it. it's official, kate middleton, the duchess of cambridge is pregnant. they went public with the news yesterday earlier than they wanted to because kate wa
a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies...
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Dec 3, 2012
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sandy and those fiscal fears may have had on hiring. meanwhile, the national retail federation is asking congress to step in and stop striking clerical workers who shut down 10 of 14 terminals at two california ports. the group estimates the now week-long strike is costing $1 billion a day. >>> edward glen hayden, managing director and head of global interest rates at morgan stanley, pictured here during his days at goldman sachs is being investigated by commodities and futures regulators. according to "the new york times," the question is whether hayden's trading manipulated the price of treasury futures while he was back at goldman in 2008. >>> news corp. announced the ceo of its uk newspaper operations who took the reins in july of last year is stepping down. >>> swiss banking giant ubs is reportedly close to reaching a $450 million settlement with u.s. and british authorities over an interest rate-rigging scandal that rocked the banking world this year. and on the deal front, delta airlines is said to be in talks for a 49% stake in
sandy and those fiscal fears may have had on hiring. meanwhile, the national retail federation is asking congress to step in and stop striking clerical workers who shut down 10 of 14 terminals at two california ports. the group estimates the now week-long strike is costing $1 billion a day. >>> edward glen hayden, managing director and head of global interest rates at morgan stanley, pictured here during his days at goldman sachs is being investigated by commodities and futures...
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Dec 7, 2012
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we had an early thanksgiving so seasonal hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to 14.7%. so i think things are getting better. what i'm most afraid of is the type of talk we heard from speaker boehner and maxine waters. they are taking us to the cliff on both sides. the fact that entitlements is off the table is crazy. my friend david kotac said we should go all go to our window as was done in the movie "network" and yell out the window and say, i'm mad as hell. quit messing around with the economy. >> jared, what do you think? >> listen, if john is correct that the economy is even doing a little better than we think, all the more reason -- it kind of underscores my b
we had an early thanksgiving so seasonal hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to...
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Dec 4, 2012
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. >> we have chris christie here today testifying in congress about aid for victims of superstorm sandy. clearly, he's got an interest in 2016, and then there's jeb bush. aa number of the people you just mentioned have very interesting ideas about immigration and about expanding the universe of the party. not all of them but certainly bobby jindal and jeb bush and marco rubio. >> immigration and education are the two places you'll see these wan-to-be future leaders break from it. >> that does it for us for this edition of "andrea mitchell reports." tomorrow on the show maria cantwell and roger altman joining us. follow us online and on twitter @mitchellreports. hi, tamron. >> grae to see you. in the next hour we follow developing news. president obama has new words of speaker boehner and the republicans in his first tv interview since the election and since the fiscal cliff stalemate started. no deal until republicans drop the opposition to raising tax rates on the wealthy. that's the president's message. we'll play the interview for you, parts of it, and also hear from democratic congr
. >> we have chris christie here today testifying in congress about aid for victims of superstorm sandy. clearly, he's got an interest in 2016, and then there's jeb bush. aa number of the people you just mentioned have very interesting ideas about immigration and about expanding the universe of the party. not all of them but certainly bobby jindal and jeb bush and marco rubio. >> immigration and education are the two places you'll see these wan-to-be future leaders break from it....
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Dec 6, 2012
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sandy. the president is expected to ask congress for about $50 billion in emergency assistance. christie has said new jersey alone will spend almost $37 billion on rebuilding. michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time for the news narc gut check. treasury he secretary tim geithner told cnbc yesterday that the obama administration is absolutely ready to go over the cliff if republicans refuse to raise tax rates on the wealthiest americans. take a look. >> when it comes to raising taxes on the wealthy, if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve the rates going up on the top 2% of the wealthy. >> orrin hatch called t
sandy. the president is expected to ask congress for about $50 billion in emergency assistance. christie has said new jersey alone will spend almost $37 billion on rebuilding. michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time...
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Dec 7, 2012
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. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the seriousness that's conveyed in this picture, i almost never say this. there are things in which politics takes a very far back seat. this is one of them. >> take a look at the next picture. we were talking a few minutes ago about possible cabinet choices. there's dennis mcdone noug on the right and jack lou is if he's the treasury secretary and tom lon lan, the national security adviser. the president is so comfortable with these insiders. these are great pictures by pete suza. look at air force one. the president is in marine one coming in behind. t
. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the...
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Dec 7, 2012
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despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm in the face of sandy and fiscal cliff concerns, so that's good news. >> surprising exactly no one, the white house and republicans had different spin on the numbers. >> if congress does address the problems that it needs to address, concerning the fiscal cliff, if we have reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class we're going to see progress in this economy. >> the risk the president wants us to take increasing tax rates will hit many small businesses
despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm...
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Dec 7, 2012
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chris christie met with president obama to talk about aid following superstorm sandy. and the first family lights up their tree. now let's get you back to "hardball." >>> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in the virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the democrats more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you'
chris christie met with president obama to talk about aid following superstorm sandy. and the first family lights up their tree. now let's get you back to "hardball." >>> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to...
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sandy. still, guys, the number much better than expected. few tuesday, which were down right before the numbers hit, turned around. they are now higher fractionally so a big turn for stock futures and better than expected jobs number for november. i can dig in more once i get to the website. but those are your headline numbers. better than expected. >> gillian, better than expected. a lot of people blamed hurricane sandy again but that's encouraging. >> i have two economists, a liberal, who both said it was going to be somewhere between 80,000 and 100,000 jobs -- say that go sandy was worth 80 -- negatively 80,000 to 100,000. you take 146,000 and this could have been a 200-plus number. >> it's interesting because it ties in with consumer data we've been seeing which actually, you know, is not great. it's not buoyant, but it's not bad. and you look at the fact what american households have been doing recently with debt and the degree of debt they've been repaying, sort of deleveraging. you ad
sandy. still, guys, the number much better than expected. few tuesday, which were down right before the numbers hit, turned around. they are now higher fractionally so a big turn for stock futures and better than expected jobs number for november. i can dig in more once i get to the website. but those are your headline numbers. better than expected. >> gillian, better than expected. a lot of people blamed hurricane sandy again but that's encouraging. >> i have two economists, a...